<h1>Government Clarifies Gold Monetization Scheme: Participation Voluntary, No Obligation for Institutions or Individuals.</h1> The government has clarified misinformation regarding the Gold Monetization Scheme, emphasizing that it is entirely voluntary and not a direct intervention by the government to monetize gold held by charitable, religious, and other institutions. The scheme aims to monetize idle gold within the country to promote financial savings, reduce gold imports, save foreign exchange, and address the Current Account Deficit. Participation by individuals and institutions is encouraged based on the scheme's merits and advantages, but there is no obligation to participate.